TORONTO, May 11, 2017 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX-V:DYA) (OTCQB:DYFSF)
("dynaCERT" or the "Company") is pleased to announce the collaboration with the NTPC (Northwest Territory Power
Corp. in Yellowknife, NT) in a fuel savings and emission reduction pilot project located in Deline, NT. Deline is located on
the southwest shore of Great Bear Lake, about 400 km northwest of Yellowknife. Deline is only serviced via aircraft and winter ice
roads. The NTPC operates 3,500 diesel power generation units in remote villages and communities across the Territory.
The dynaCERT-NTCP project, at this important initial stage, consists of the sale, installation and commissioning of
four dynaCERT HG1 units onto three stationary generator units that in turn are responsible for producing all of the
electricity in the village of Deline. One stationary generator unit will have two HG1 units. The NTPC engineering team has worked
closely with the dynaCERT engineers to design this specific application for the community to align with NTPC’s stated goal
of reducing their reliance on fossil fuels.
Robert Maier, COO of dynaCERT, states, “NTPC continues to work hard at the leading technological edge to improve the
lives of the people they serve. We are pleased that our HydraGENTM technology is part of this pilot project
opportunity to lower operating costs for NTPC and improve the environment for northern communities.”
Jim Payne, President & CEO of dynaCERT, states, “We are very pleased to work with NTPC and their communities. With
Robert Maier’s managerial and technical leadership, dynaCERT continues to develop new applications and enter varied
markets for its HG1 units, not just in trucking but also in remote location power generation. Our engineering creativity, supported
by our ongoing commitment to R&D, is rapidly advancing our Company in the diverse world of diesel uses in furtherance of our
corporate strategy.”
About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal
combustion engines. The HydraGEN™ technology is for use on any diesel-powered equipment such as transport trucks, stationary
generators, refrigeration trailers, off-road construction equipment. Fuel savings of up to 19%, emission reductions of up to 40%
and exhaust particulate reduction of up to 65% were verified through accredited third party testing. More information can be found
at www.dynaCERT.com.
READER ADVISORY
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning
of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or
"will" occur. In particular, forward-looking information in this press release includes, but is not limited to periodic
updates of results, testing programs and results, negotiations with third parties concerning potential business transactions, and
the timing of certain going forward projects. Although we believe that the expectations reflected in the forward-looking
information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future
results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same,
in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements
are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could
cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to:
uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the
ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures
necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations;
the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to
secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on
SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be
construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary
statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not
to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
On Behalf of the Board
Murray James Payne, CEO
For more information, please contact: Jim Payne, CEO & President dynaCERT Inc. #101 – 501 Alliance Avenue Toronto, Ontario M6N 2J1 (416) 766-9691 x 2 jpayne@dynaCERT.com Investor Relations dynaCERT Inc. Nancy Massicotte (416) 766-9691 x 1 ir@dynaCERT.com
